Vietnam model on benefit sharing mechanism
Viet Nam’s experiences in planning for a REDD+ compliant benefit distribution system provide the following lessons:
- Be open to addressing sensitive governance issues.
- Learn from existing benefit distribution systems.
- Funding mechanisms must be flexible and transparent.
- Adapt the system to local needs through pilot programmes.
- Make free, prior and informed consent more effective.
- Safeguard benefits for communities.
Viet Nam’s experiences hold broader implications for other countries including the need for communities to have sufficient legal status and rights to participate independently and effectively in REDD+ contracts and the carbon market, the need for a decentralised institutional structure and clear legal status for communities, the need to keep REDD+ funds separate from general government revenues, and the benefits of linking payments to performance by using a formula to assess the actual and potential carbon stock of local forests and to measure progress towards REDD+ social and environmental objectives.